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How much do you pay yourself ?

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    #11
    An individual cannot pay more into a pension than they earn (or £3600 a year, whichever is greater...). Or if you do, there are taxation impllications. Salary is taxable earnings, as per the SA form, so includes dividends.

    A company can do whatever it likes up for its directors and employees to levels that we aren't likely to acheive.

    If your accountant doesn't understand this simple principle, get one that does.
    Blog? What blog...?

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      #12
      The OP is confusing personal contributions and Ltd Co contributions I believe. If the OP asks his accountant "how much of it's turnover can the Ltd Co pay into my SIPP?" he will get the right answer, I'm sure.
      Public Service Posting by the BBC - Bloggs Bulls**t Corp.
      Officially CUK certified - Thick as f**k.

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